Amazon to Cut 16,000 Corporate Jobs as AI Competition Intensifies

I want to ask you about the Amazon news, because we did indeed get confirmation that Amazon is cutting 16,000 jobs. Email that went out an error was actually uploaded today and Amazon says it's going to help its US employees with 90 days for finding other jobs and so on. But what does this mean.16,000 seems to be a large figure. It is and look revenue per employee will be a big metric for all these hyperscalers going forward. In the case of Amazon, I mean, they are still the largest public cloud provider.Th ...